Alkane Resources Ltd · ASX:ALK
Alkane Resources — Precious Metals Summit, 121 Mining Investment Conference and Swiss Mining Institute (Novem (November 2025)
29 slides from Alkane Resources's conference presentation, Nov 10, 2025
Slide 1: Investor Announcement and Media Release
INVESTOR ANNOUNCEMENT and MEDIA RELEASE 10 November 2025 Corporate Presentation Alkane Resources Limited (ASX: ALK; TSX: ALK; OTCQX: ALKEF) advises that Managing Director & CEO, Mr Nic Earner, will be meeting investors and presenting at the following conferences: • Precious Metals Summit being held
Slide 2: Corporate Presentation
For personal use only NOVEMBER 2025 Corporate Presentation Nic Earner – Managing Director & CEO ASX: ALK | TSX:ALK | OTCQX:ALKEF
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security in Alkane Resources Limited (Alkane) in any jurisdiction and neither this presentation nor anything in it shall
Slide 4: Alkane – a Mid-Tier Gold Company
Alkane – a Mid-Tier Gold Company Gold, Antimony, Scale, Balance Sheet & Growth ASX: ALK TSX: ALK OTCQX: ALKEF Capital Structure3 BODA-KAISER For personal use only Ordinary Shares 1,364.9 million Share Price (7 Nov 2025) A$1.01 Market Capitalisation A$1,379M 12 Month low/high A$0.46/1.23 Cash and Gol
Slide 5: A Strong Base to Grow a Mid-Tier Gold Company: Guidance
A Strong Base to Grow a Mid-Tier Gold Company: Guidance (Jul25 – Jun26)1 ASX: ALK TSX: ALK OTCQX: ALKEF Tomingley Costerfield Björkdal Consolidated September Quarter:2 For personal use only Gold produced Koz 75 – 80 40 – 45 40 – 44 155 – 170 36,407 AuEq oz Antimony produced Tonnes n/a 800 – 900 n/a
Slide 6: Tomingley (Australia)
For personal use only Tomingley (Australia) HIGH-PERFORMING GOLD MINE POSITIONED FOR GROWTH 5
Slide 7: Tomingley Gold Mine (100%)
Tomingley Gold Mine (100%) Reliable, Long-term Production in NSW ASX: ALK TSX: ALK OTCQX: ALKEF • UG at Roswell, Caloma 1 and 2 For personal use only Current Mining • Future OP at San Antonio, Roswell • Paste fill at Roswell Saleable Product Gold doré • 1M tpa process plant, run-rate at 1.2M tpa Pro
Slide 8: Tomingley Gold Mine: Resource & Reserve Expansion
Tomingley Gold Mine (100%) Resource & Reserve Expansion ASX: ALK TSX: ALK OTCQX: ALKEF For personal use only San Antonio ‘Deeps’ Roswell down dip and Mcleans UG Corridor around historic Resource extension drilling at Caloma 2 and drilling north plunge extensions extensions Myalls mining and Caloma,
Slide 9: Costerfield (Australia)
For personal use only Costerfield (Australia) ONE OF THE WORLD’S HIGHEST-GRADE GOLD AND ANTIMONY MINES 8
Slide 10: Costerfield Gold-Antimony Mine (100%)
Costerfield Gold-Antimony Mine (100%) High Grade Narrow Vein Mining in Victoria ASX: ALK TSX: ALK OTCQX: ALKEF Current UG at Youle and Shepherd Mining For personal use only Saleable Gold gravity | Gold and antimony Product concentrate Processing 140,000 tpa 0.150 Moz Au | 11 kt Sb | 0.231 Moz AuEq R
Slide 11: Costerfield: Brunswick South Discovery
Costerfield Gold-Antimony Mine Brunswick South Discovery1 ASX: ALK TSX: ALK OTCQX: ALKEF High-grade down-dip continuation of Brunswick South: 300m from existing underground infrastructure For personal use only 76.6 g/t Au over 0.49 m; Intercepted over 175 m strike length and 30 m down dip 265.0 g/t
Slide 12: Costerfield: True Blue Discovery
Costerfield Gold-Antimony Mine True Blue Discovery1 ASX: ALK TSX: ALK OTCQX: ALKEF High-grade hits, confirms structural and grade continuity: 578.0 g/t gold and 20.5% antimony over 0.47 m; For personal use only 155.0g/t Au and 3.7% Sb over 0.30 m; 19.9g/t Au and 2.1% Sb over 3.10 m; and 16.0g/t Au a
Slide 13: Antimony: Global Critical Mineral in Short Supply
Antimony: Global Critical Mineral in Short Supply ASX: ALK TSX: ALK OTCQX: ALKEF Flame Retardants Renewable Power For personal use only Crucial in flame-retardant formulations, enhancing the fire resistance in fabrics, Solar panels, nuclear power plant shields, plastics, paint and other materials. w
Slide 14: Björkdal (Sweden)
For personal use only Björkdal (Sweden) LONG LIFE UNDERGROUND AND OPEN CUT GOLD MINE 13 13
Slide 15: Björkdal (100%)
Björkdal (100%) Long-term Production in Sweden ASX: ALK TSX: ALK OTCQX: ALKEF Current For personal use only Underground Mining Saleable Gold concentrate Product Processing 1.4M tpa Reserves1 0.54 Moz Au (13.1Mt @ 1.29 g/t Au) Resources 1.40 Moz Au (20.4Mt @ 2.14 g/t Au) (MI) 1 FY2025 41.4 koz Au Pro
Slide 16: Björkdal Near-Mine Exploration Recent Highlights
Björkdal Near-Mine Exploration Recent Highlights1 ASX: ALK TSX: ALK OTCQX: ALKEF For personal use only New High-Grade Skarn Discovery (Lake Zone): Near-mine, high grade domain offers short-term production potential o 34.2 g/t Au over 9.2 m; and o 53.5 g/t Au over 2.0 m Main Zone (Eastern Extension):
Slide 17: Boda-Kaiser (Australia)
For personal use only Boda-Kaiser (Australia) LARGE SCALE DEVELOPMENT PROJECT 16
Slide 18: Boda-Kaiser (100%)
Boda-Kaiser (100%) A Significant Gold-Copper Project in a Premier Location ASX: ALK TSX: ALK OTCQX: ALKEF 14.7 Moz AuEq1 in Resources Next steps For personal use only ~65% in Indicated Category Water, infrastructure, flora and fauna studies are commencing July 2024 Scoping Study2 Key Outcomes - 20 M
Slide 19: Boda-Kaiser: Simple Mining and Simple Processing
Boda-Kaiser Simple Mining and Simple Processing ASX: ALK TSX: ALK OTCQX: ALKEF Ore close to surface For personal use only Low strip ratio Potential for large bulk-mining underground Simple flowsheet Strong recoveries Excellent existing transport, power, labour and accommodation infrastructure Large
Slide 20: Boda-Kaiser Potential Timeline
Boda-Kaiser Potential Timeline ASX: ALK TSX: ALK OTCQX: ALKEF 2025 – 2027 For personal use only • Stakeholder Consultation • Environmental Studies • Property Negotiations • Site Selection • Rail, Power, Road, Water & Windfarm Negotiations 2027 – 2029 • Project Approvals 2029 – 2031 • Bankable Feasib
Slide 21: Positioning for Growth: Deliverables for FY2026
Positioning for Growth Deliverables for FY2026 ASX: ALK TSX: ALK OTCQX: ALKEF For personal use only Deliver on production and consolidate costs Expand mineral resources at all three mine sites Tomingley – deliver growth projects, particularly Newell highway realignment Costerfield – progress permitt
Slide 22: Alkane: A Growing Mid-Tier Gold Company
Alkane: A Growing a Mid-Tier Gold Company ASX: ALK TSX: ALK OTCQX: ALKEF Established producer For personal use only 160k AuEq1 oz in FY2025 160 – 175k AuEq2 oz guidance FY2026 Strong cash generation Antimony exposure Growth and mine life extension investment underway Progressing Boda-Kaiser to appro
Slide 23: Thank You
For personal use only Thank You ALK Contact Information: ASX: ALK Natalie Chapman Corporate Communications Manager TSX: ALK +61 418 642 556 natalie.chapman@alkres.com OTCQX: ALKEF @alkane-resources-ltd @alkaneresources alkres.com 22
Slide 24: Appendix: Reserves and Resources Statements
For personal use only Appendix RESERVES AND RESOURCES STATEMENTS 23
Slide 25: Tomingley Reserves and Resources Statement
Tomingley Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF Tomingley Gold Operations – Mineral Resources (at 30 June 2025) Tomingley Gold Operations – Ore Reserves (at 30 June 2025) For personal use only Measured Indicated Inferred Total Proved Probable Total Deposit Tonnes Grade Ton
Slide 26: Tomingley Reserves and Resources Statement
Tomingley Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF Peak Hill Gold Project – Mineral Resources (at 30 June 2025) For personal use only Resource Gold Grade Gold Metal Copper Metal Deposit Cut-Off Tonnes (Mt) Category (g/t) (koz) (%) Proprietary U/G Inferred 2g/t Au 1.02 3.29 10
Slide 27: Costerfield Reserves and Resources Statement
Costerfield Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF Resources Tonnes 1. The Mineral Resource is estimated as at 31 Dec 2024 with depletion through to 30 June 2025. Category Au (g/t) Sb (%) Au (koz) Sb (kt) 2. The Mineral Resource is stated according to JORC (2012) and is who
Slide 28: Björkdal Reserves and Resources Statement
Björkdal Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF Björkdal Gold Mine – Mineral Resources (at 30 June 2025) Björkdal Gold Mine – Ore Reserves (at 30 June 2025) Measured Indicated Inferred Total Proved Probable Total For personal use only Deposit Tonnes Grade Tonnes Grade Tonne
Slide 29: Boda-Kaiser Reserves and Resources Statement
Boda-Kaiser Reserves and Resources Statement1 ASX: ALK TSX: ALK OTCQX: ALKEF Indicated Inferred Total Metal For personal use only Deposit Tonnes Au Cu Tonnes Au Cu Tonnes AuEq1 Au Cu AuEq1 Au Cu (Mt) (g/t) (%) (Mt) (g/t) (%) (Mt) (g/t) (g/t) (%) (Moz) (Moz) (Mt) Open Pittable Resources (cut-off 0.3g